Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Texas  + San Antonio  + Apartments  | 
DJE Picks up 3 San Antonio Multifamily communities

DJE Closes on 600-Unit Portfolio in San Antonio

The DJE North Portfolio includes three separate properties, The Riley Apartments at 8631 Fairhaven St., WerX Apartments at 12221 Blanco Road, and the Row Apartments at 7302 University Row.

DJE has budgeted $5.2 million to not only renovate the units but to include a full rebranding of the three communities. Renovations will include the addition of washer/dryer units, amenity upgrades in all units, exterior community building and swimming pool upgrades. DJE’s Devin Elder adds more, “This multi-property renovation project will not only enhance the communities in which they are located, but it will also help to meet the city’s growing need for quality housing.”

The majority of property improvements are expected to be completed by the end of 2023. To date, the organization has invested in over 5,000 apartment units across 17 multifamily real estate assets in San Antonio.

Connect

Inside The Story

Devin Elder

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Sale/Acquisition
AshcroftCapital-04-cube
Chase-12-cube